Pressure has been building on the ECB to take some kind of easing
action to fight the disinflationary trend, but every time anyone
predicted action they've been disappointed.

Now the expectations are ratcheting up again for this Thursday.
Will the ECB throw something at the wall to see if prices can be
boosted, or will they risk the ECB becoming Japan, mired in low
growth and deflation/disinflation of years..